As a project manager on a software development project for a customer, you have received an advice from customer that they want deliverable based invoices. This means you will have to track the costs by each piece of work done. The system within your organization is setup to capture costs by resources which means the total cost of the project at a certain instance is derived from cost booked against the project for the resources. What should you do? O Evaluate to find out cost of complying with customer's demand O Follow internal procedures and refuse customer Only track costs as requested by customer O Track costs both ways to fulfill internal and external requirements

As a project manager on a software development project for a customer, you have received an advice from customer that they want deliverable based invoices. This means you will have to track the costs by each piece of work done. The system within your organization is setup to capture costs by resources which means the total cost of the project at a certain instance is derived from cost booked against the project for the resources. What should you do? Evaluate to find out cost of complying with customer's demand Follow internal procedures and refuse customer Only track costs as requested by customer Track costs both ways to fulfill internal and external requirements 1. You are the project manager for a system upgrade project. The practice at your company is to estimate project costs based on historical data and statistical analysis. This cost estimation technique is called: Analogous estimating Bottom-up estimating Parametric estimating Risk based estimating